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Once kidnappers realize they can get ransom payment in untraceable bitcoin we ar

completely fucked
Confused Set Half-breed
  12/02/16
already happened in taiwan. a rich guy from hong kong was ki...
coral electric furnace karate
  12/02/16
did they get paid? and is there really zero way to trace it?
Confused Set Half-breed
  12/02/16
1. police found them and rescued the guy. probably by tracki...
coral electric furnace karate
  12/02/16
but yes, extortionists have already realized that bitcoin is...
coral electric furnace karate
  12/02/16
fuuuuuuuuck
Domesticated Double Fault Cuckold
  12/02/16
already happens online. look up ransomware. your files get e...
Bateful station
  12/02/16


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Date: December 2nd, 2016 7:08 PM
Author: Confused Set Half-breed

completely fucked

(http://www.autoadmit.com/thread.php?thread_id=3447334&forum_id=2#32041836)



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Date: December 2nd, 2016 7:11 PM
Author: coral electric furnace karate

already happened in taiwan. a rich guy from hong kong was kidnapped. kidnappers demanded bitcoin.

the three weakpoints of a kidnapping, where it is easiest to get caught, are 1) the taking, 2) communication (tracing calls and internet connections) and 3) the acceptance of the payment (cash handover)

and cryptocurrency basically eliminates the third one.



(http://www.autoadmit.com/thread.php?thread_id=3447334&forum_id=2#32041857)



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Date: December 2nd, 2016 7:12 PM
Author: Confused Set Half-breed

did they get paid? and is there really zero way to trace it?

(http://www.autoadmit.com/thread.php?thread_id=3447334&forum_id=2#32041875)



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Date: December 2nd, 2016 7:15 PM
Author: coral electric furnace karate

1. police found them and rescued the guy. probably by tracking down the kidnappers' cell phones or by looking at surveillance footage of the kidnapping and tracking the movement of the vehicles.

2. bitcoin is not the best choice, as payments are eminently trackable on the blockchain.

a prudent kidnapper would use DASH, Monero, or Zcash, which are altcoins that have built-in automatic anonymity.

but even with bitcoin, there are mixers that jumble up the dirty coins with other coins and obscure the trail.

(http://www.autoadmit.com/thread.php?thread_id=3447334&forum_id=2#32041903)



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Date: December 2nd, 2016 7:17 PM
Author: coral electric furnace karate

but yes, extortionists have already realized that bitcoin is the best way for them to accept payment. most hackers are demanding bitcoin. cryptolocker.

(http://www.autoadmit.com/thread.php?thread_id=3447334&forum_id=2#32041913)



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Date: December 2nd, 2016 7:12 PM
Author: Domesticated Double Fault Cuckold

fuuuuuuuuck

(http://www.autoadmit.com/thread.php?thread_id=3447334&forum_id=2#32041882)



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Date: December 2nd, 2016 10:59 PM
Author: Bateful station

already happens online. look up ransomware. your files get encrypted and they won't give you a code to unlock unless you send bitcoins.

(http://www.autoadmit.com/thread.php?thread_id=3447334&forum_id=2#32043732)